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&nbsp;according to on-chain analyst @ai_9684xtpa, the whale who bravely bought ETH at $3027.33 has started taking profits. In the past 2 hours, he sold 2136 ETH on-chain at an average price of $3066.4 (about $6.55 million), making a profit of $83,000; this whale and associated addresses still hold 7290 ETH, with a total value of $22.61 million.

[A whale who bought the dip in ETH sold 2,136 ETH in the past two hours, making a profit of $83,000.]&nbsp;according to on-chain analyst @ai_9684xtpa, the whale who bravely bought ETH at $3027.33 has started taking profits. In the past 2 hours, he sold 2136 ETH on-chain at an average price of $3066.4 (about $6.55 million), making a profit of $83,000; this whale and associated addresses still hold 7290 ETH, with a total value of $22.61 million.

A whale who bought the dip in ETH sold 2,136 ETH in the past two hours, making a profit of $83,000.

according to DL news, Fidelity Investments CEO Abigail Johnson bluntly stated that the traditional financial system is a complex network of reconciliation processes built on "primitive technology," which is really a bit scary. She pointed out that although blockchain will eventually replace the existing system, the transformation will not be smooth and requires competitive pressure and regulatory standards to drive the industry forward.

[Fidelity CEO: Wall Street will be "forced" to accept blockchain technology]according to DL news, Fidelity Investments CEO Abigail Johnson bluntly stated that the traditional financial system is a complex network of reconciliation processes built on "primitive technology," which is really a bit scary. She pointed out that although blockchain will eventually replace the existing system, the transformation will not be smooth and requires competitive pressure and regulatory standards to drive the industry forward.

Fidelity CEO: Wall Street will be "forced" to accept blockchain technology

&nbsp;according to u.today, French President Macron stated that the increasingly relaxed regulation of the crypto sector in the United States may trigger financial turmoil. "If the US allows cryptocurrencies to develop too freely, it may create global risk spillover effects, as stablecoins usually rely on dollar assets for support." In addition, he also called on the European Central Bank (ECB) to reshape monetary policy to address new financial risks.

[Macron: US relaxation of crypto regulations could trigger financial turmoil]&nbsp;according to u.today, French President Macron stated that the increasingly relaxed regulation of the crypto sector in the United States may trigger financial turmoil. "If the US allows cryptocurrencies to develop too freely, it may create global risk spillover effects, as stablecoins usually rely on dollar assets for support." In addition, he also called on the European Central Bank (ECB) to reshape monetary policy to address new financial risks.

Macron: US relaxation of crypto regulations could trigger financial turmoil

&nbsp;the U.S. Securities and Exchange Commission (SEC) Crypto Special Working Group will hold a roundtable meeting on December 15 to conduct an in-depth discussion on policy issues related to financial surveillance and privacy.

[The U.S. Securities and Exchange Commission (SEC) will host a roundtable discussion on crypto privacy issues on December 15.]&nbsp;the U.S. Securities and Exchange Commission (SEC) Crypto Special Working Group will hold a roundtable meeting on December 15 to conduct an in-depth discussion on policy issues related to financial surveillance and privacy.

The U.S. Securities and Exchange Commission (SEC) will host a roundtable discussion on crypto privacy issues on December 15.

according to Bloomberg, the stock prices of crypto asset treasury (DAT) companies listed in the US and Canada have plummeted significantly this year, with a median decline of 43%, and some companies falling by more than 99%.

[Bloomberg: DAT company stock has fallen sharply this year, with a median decline of 43%.]according to Bloomberg, the stock prices of crypto asset treasury (DAT) companies listed in the US and Canada have plummeted significantly this year, with a median decline of 43%, and some companies falling by more than 99%.

Bloomberg: DAT company stock has fallen sharply this year, with a median decline of 43%.

&nbsp;Paradigm founder Matt Huang posted on platform X saying, "I don't know who needs to hear this, but this moment is the 'Netscape' or 'iPhone' moment for cryptocurrency — its development scale has reached an unprecedented height, far beyond our wildest imagination, achieving breakthrough progress both at the institutional ecosystem level and the cypherpunk core level."

[Paradigm founder: This is the “Netscape” moment or the “iPhone” moment for the crypto industry.]&nbsp;Paradigm founder Matt Huang posted on platform X saying, "I don't know who needs to hear this, but this moment is the 'Netscape' or 'iPhone' moment for cryptocurrency — its development scale has reached an unprecedented height, far beyond our wildest imagination, achieving breakthrough progress both at the institutional ecosystem level and the cypherpunk core level."

Paradigm founder: This is the “Netscape” moment or the “iPhone” moment for the crypto industry.

Farcaster co-founder Dan Romero announced a major strategic adjustment for the platform, abandoning the path of seeking product-market fit with a "social-first" approach over the past four years, and shifting to a wallet-centric growth model. The team stated that the recently fast-growing in-app wallet feature is currently the module closest to product-market fit, and will adopt the approach of "use the tool (wallet) first, then build the network (protocol)" to drive user conversion on the wallet side and become active protocol users. Romero emphasized that the Farcaster protocol remains open and decentralized, but the official application will focus on expanding capabilities at the intersection of wallets and social in the future. In addition, Farcaster has previously acquired the token issuance platform Clanker to strengthen related product layouts.

[Farcaster announced a strategic shift, moving its focus from social scenarios to wallet-driven growth.]Farcaster co-founder Dan Romero announced a major strategic adjustment for the platform, abandoning the path of seeking product-market fit with a "social-first" approach over the past four years, and shifting to a wallet-centric growth model. The team stated that the recently fast-growing in-app wallet feature is currently the module closest to product-market fit, and will adopt the approach of "use the tool (wallet) first, then build the network (protocol)" to drive user conversion on the wallet side and become active protocol users. Romero emphasized that the Farcaster protocol remains open and decentralized, but the official application will focus on expanding capabilities at the intersection of wallets and social in the future. In addition, Farcaster has previously acquired the token issuance platform Clanker to strengthen related product layouts.

Farcaster announced a strategic shift, moving its focus from social scenarios to wallet-driven growth.

&nbsp;the market shows BTC breaking through $91,000, currently at $91,011.99, with a 24-hour increase of 1.78%. The market is highly volatile, please manage your risk accordingly.

[BTC breaks through $91,000]&nbsp;the market shows BTC breaking through $91,000, currently at $91,011.99, with a 24-hour increase of 1.78%. The market is highly volatile, please manage your risk accordingly.

BTC breaks through $91,000

the market shows ETH breaking through $3100, currently at $3100.29, with a 24-hour increase of 1.74%. The market is highly volatile, please manage your risks accordingly.

[ETH breaks through $3100]the market shows ETH breaking through $3100, currently at $3100.29, with a 24-hour increase of 1.74%. The market is highly volatile, please manage your risks accordingly.

ETH breaks through $3100

market news: Citigroup joins the group developing a stablecoin for the European banking industry.

[Citigroup joins European banking group developing euro stablecoin]market news: Citigroup joins the group developing a stablecoin for the European banking industry.

Citigroup joins European banking group developing euro stablecoin

XRP Ledger Explodes As Activity Experiences One of Its Strongest Growth Waves Yet

Stablecoin Laws ‘Coming This Month,’ FDIC Acting Chair Reveals

Ripple Reveals How It’s Hijacking A $16 Trillion Industry Using The XRP Ledger

Crypto Gains Strong Legal Protection in the UK as Lawmakers Finalize Digital Asset Property Rules

Crypto-To-Politics Donation Pipeline Under Threat As UK Mulls Ban

Citigroup joins European banking group developing euro stablecoin

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